Norway’s colossal $1.8 trillion sovereign wealth fund, one of the world’s largest, posted a robust 13% return in 2024, translating to a staggering $222 billion gain. This impressive performance was largely fueled by the booming US technology sector.
Norway’s $1.8 trillion sovereign wealth fund returned 13%, or $222 billion, last year, driven by a booming US technology sector.
King Harald and his wife Queen Sonja of Norway attended a “special” world economic forum conference. This outing marks Sojna's first public appearance after undergoing minor surgery last week.On Wednesday,
The financial impacts of climate change are “just a totally different picture” than in the past, said Nicolai Tangen.
The chief executive of Norway's $1.8 trillion sovereign wealth fund, one of the world's largest investors, said on Thursday that inflationary pressure in the United States posed a risk to financial markets this year.
Investors willing to go against the market in the coming months should consider selling US technology stocks and private credit, while boosting holdings in China, according to the head of Norway’s $1.
Nicolai Tangen, CEO of Norway's sovereign wealth fund, warns that inflation in the United States poses a risk to financial markets. He also highlights global sovereign debt levels as a concern, suggesting investors may soon demand more to finance governments.
The 55 th Annual Meeting of the World Economic Forum opened this week with a powerful message and all-encompassing themes. Klaus Schwab, World Economic Forum Founder and Chairman of the Board of Trustees, global leaders, leaving no doubt about his message: the undeniable need for, in Schwab’s words, Collaboration for the Intelligent Age.
A speech by the U.N. chief, economic growth potential in places like China and Russia, the challenges of artificial intelligence and leaders from Spain to Malaysia are set to headline the agenda at the World Economic Forum’s annual event in Davos.
Norway’s sovereign wealth fund last year returned 13 per cent, or US$222 billion, but missed its self-imposed target for the second year in a row despite gains from the booming U.S. technology sector.
DAVOS, Switzerland (Reuters) - The chief executive of Norway's $1.8 trillion sovereign wealth fund, one of the world's largest investors, said on Thursday that inflationary pressure in the United States posed a risk to financial markets this year.